Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on Twitter • Be a Facebook Fan • Tumble us!

03 Mar 2009 21:54

tags

Biz, Tech: Google to execs: You kept us profitable. Here’s your payday.

  • 4 top execs got bonuses of $1.2 million or more for boosting profits source
Posted by Ernie Smith • 0 Comments • Permalink

03 Mar 2009 21:34

tags

U.S.: There’s a lot of roads to repair, a lot of jobs to be had

  • 200 road-repair projects could be covered by the stimulus source
Posted by Ernie Smith • 0 Comments • Permalink

02 Mar 2009 21:00

tags

Biz, U.S.: AIG is still around, but it’s really dead in its current form

  • Why it needs to die Simply put, it’s too freaking big. Any company that posts a $61.5 billion loss in income in a single quarter – they lose more money in a minute that most of us see in a year – is too freaking big. Ever throw $400 grand into a fire, then do it again 150,000 times? It’s kind of like that. source
  • Why it needs to die Simply put, it’s too freaking big. Any company that posts a $61.5 billion loss in income in a single quarter – they lose more money in a minute that most of us see in a year – is too freaking big. Ever throw $400 grand into a fire, then do it again 150,000 times? It’s kind of like that.
  • Government control In exchange for yet another $30 billion bailout, two of AIG’s largest assets – American International Assurance and its Asian operations – will be directly owned by the government and will be sold. Taxpayers, who now largely own AIG, will reap the benefits – eventually. source
  • Why it needs to die Simply put, it’s too freaking big. Any company that posts a $61.5 billion loss in income in a single quarter – they lose more money in a minute that most of us see in a year – is too freaking big. Ever throw $400 grand into a fire, then do it again 150,000 times? It’s kind of like that.
  • Government control In exchange for yet another $30 billion bailout, two of AIG’s largest assets – American International Assurance and its Asian operations – will be directly owned by the government and will be sold. Taxpayers, who now largely own AIG, will reap the benefits – eventually.
  • A smaller, leaner AIG Why is the government putting so much work into keeping the monster alive? Well, if they don’t, it will worsen the stock market collapse even further. But when the dust is settled, don’t expect the company – if it survives – to remain in its current form. It’s too freakin’ big. source
Posted by Ernie Smith • 0 Comments • Permalink

01 Mar 2009 22:22

tags

Biz, U.S.: The U.S. props up AIG with even more money

  • $60 billion the projected quarterly loss the insurer plans to announce tomorrow – the largest ever. That sounds incredibly sucky, guys. :/ source
Posted by Ernie Smith • 0 Comments • Permalink

28 Feb 2009 11:28

tags

Sports: Need to borrow $20? Ask NFL star Albert Haynesworth.

  • $100 million size of his seven-year contract with the Washington Redskins source
Posted by Ernie Smith • 0 Comments • Permalink

27 Feb 2009 15:42

tags

Biz: Reenactment of what happened to Stanford’s funds: *poof*

  • $8
    billion     amount R. Allen Stanford’s company sold in certificates of deposit over the years. source
Posted by Ernie Smith • 0 Comments • Permalink

25 Feb 2009 09:53

tags

Biz, U.S.: Need something to do this weekend? Go to a Chicago Tea Party!

Fifteen Rick Santelli tea parties, just this weekend. Couldn’t wait ’til July. He must be proud. source
Posted by Ernie Smith • 0 Comments • Permalink
 

23 Feb 2009 22:24

tags

U.S.: MS to laid-off employees: You know what? Keep the extra cash.

  • MS has a change of heart. After being seen as heartless by sending letters like these to former employees, the Windows maker has changed its mind about asking for that severance money back. In case you’re wondering, MS, nobody will complain if you decide to take back Vista. Or Songsmith. source
Posted by Ernie Smith • 0 Comments • Permalink

23 Feb 2009 10:44

tags

Biz, U.S.: You know Citi? Well, you could soon be one of its owners!

  • 40% of Citi’s stock could be owned by the government source
Posted by Ernie Smith • 0 Comments • Permalink

22 Feb 2009 20:47

tags

Culture: Forget the Oscars! “Madea” makes bank despite them

  • $41.1 million for Tyler Perry’s “Madea Goes to Jail” source
Posted by Ernie Smith • 0 Comments • Permalink
 
<< newer 
top tags
older >>